8501 SW 151 ST, Palmetto Bay, FL 33158

8501 SW 151 ST, Palmetto Bay, FL 33158 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1967 with 2,008 square feet of living space on a 16,100 square foot lot. The property is currently owned by JORGE CASTANO JR & LUCIA CASTANO, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 1999-02-01 for $192,500. The property has appreciated $48,500 (34%) since the prior sale of $144,000 on 1986-12-01. There are 3 recorded sales for this property.

The 2025 assessed value is $305,686 with a market value of $841,155. This breaks down to $579,600 for the land and $261,555 for the building. The assessed value increased 3% from $297,071 in 2024.

The property has the following tax exemptions: homestead. The median household income in this area is $106,801, and the median home value is $825,900. The population density is 3,364 people per square mile.

There are active mortgage liens totaling $254,874 recorded against this property. 8501 SW 151 ST, Palmetto Bay, FL 33158 is located in Palmetto Bay, Florida. Property records, tax assessments, sales history, and ownership information for this Palmetto Bay property are sourced from miami_dade County public records.

The complete ownership history of this property spans from 1985 to 1999, with 3 recorded transactions in the public record. The current assessed value represents 159% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal.

Based on the most recent sale, this property traded at $96 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..